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SEC Submits Last-Minute Appeal In High-Profile Ripple Case — But There’s Good News For XRP Holders

  • The U.S. SEC has filed a Civil Appeal Pre-Argument Statement in the Ripple case.
  • The appeal does not challenge the ruling that XRP sales to retail investors are not securities.
  • The SEC is focusing on other critical aspects of the ruling, including Ripple's offers and sales of XRP on digital asset trading platforms.
  • Ripple's legal head confirms that the court's ruling that XRP is not a security is not being appealed.

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